Death and Taxes
They say there are only two sure things in life: death and taxes. The latter is sure true here in Argentina. The hottest topic of debate throughout the day has centered around the taxed prize money. From what we gather, any player not residing in Argentina must pay a 31.5% tax on their winnings, which doesn't include any tax they may have to pay in their home country. This is news to most of the players, who either learned about the tax during the party last night or are just discovering thanks to table conversation.
"I'm losing money if I cash," one player commented when the issue was brought up at her table. Clearly it is a touchy subject with many of the players. Some have said they would not have bought in if they had known about the tax. Others are under the impression that they won't have to pay the tax if they accept their prize money online.
This was a recent development and once we receive the official statement about the issue, we'll provide it for you.